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01 February 2008

Doomed to failure - Share Liverpool FC

A somewhat unrealistic proposal to raise a billion odd dollars from about 100,000 Liverpool supporters, doesn't look like getting too far. The basic premise behind it is spot on, Liverpool supporters will be paying for the Yanks loans anyway (read: billion dollar debt once the stadium loan comes through in addition to their last one) so why not just buy them out instead.
Their website (http://www.shareliverpoolfc.co.uk) which is supposed to be acting as the focal point to check the feasibility of the project has already had it's account suspended, with a message advising to contact the billings department asap, if a couple of pounds can't be raised to get the website up and running, what hope is there for a billion dollars ? ;-)
[Edit 02/02/08 :- It's actually working now]

5 comments:

Dummy said...

LOL - I think it's probably a blessing in disguise (although they'll probably get the site back up and running soon as apparently there's a number of high profile people who have the cash to fund a website for LFC).
Imagine having a 100,000 people weighing in with an equal vote to decide who we get to run the club, manage the club, and who to sign.
Yes plenty of fantasy championship manager experts who 'know' what needs to be done, we'd become an even bigger farce than we are at present. The sooner this all dies the better.

Anonymous said...

its a completely stupid idea. why have 2 muppets when you can have thousands ? it wont work ever. period.

Jessica said...

I think its purely a romantic notion that us fans would own the club. Its unworkable. More importantly H+G recently said in the Liverpool Echo that they had no intention of selling until after the new stadium is built. That way they can maximise their profits, they are business men through and through, all that matters is to make as much money as possible. They wont sell any time soon.

deiseach said...

It works for Barcelona, so it doesn't strike me as being complete pie in the sky. But as Paul says in his post, the fact that they couldn't anticipate the demand for this on their website doesn't auger well for their ability to get the job done.

Paul Heron said...

I think the biggest stumbling block (logistics aside) is probably finding 100,000 Reds fans with £5,000 to spare. From a 'romantic notions' side of things it would be great to see the club in the hands of real fans (we're all paying for these loans anyway).